$4,928 Closing Credit*
$415,000
1,120 SqFt
3 Beds
•2 Full Baths
Leslie Ann Amore, Listing Office: Belcher Real Estate, LLC.
Is Milford, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Milford was a Seller's Market.
Key Takeaway
Milford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milford, VA
How much do homes in Milford, VA cost?
Median Sold Price
$374,900
$139/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$110,100(-22.7%)
Key Takeaway
Homes in Milford have sold for 22.7% less than they did a month ago.
Summary: The median home sold price in Milford was $374,900 in November 2024, down 22.7% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $374.9K | N/A |
| 4 Bedrooms | $485K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Milford housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Milford, VA
How many homes are available in Milford, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The Milford real estate market had 11 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 7 | 2 | -71.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Milford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milford, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Milford in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Milford, VA
How long does it take to sell a home in Milford, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 31 Days | -21.7% |
Summary: Homes in Milford had an average of 31 days on market in Nov 2024, down by 21.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Milford has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Milford; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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